Forum Financial Management LP Has $66.20 Million Position in Vanguard Tax-Exempt Bond ETF $VTEB

by · The Cerbat Gem

Forum Financial Management LP increased its stake in shares of Vanguard Tax-Exempt Bond ETF (NYSEARCA:VTEB – Free Report) by 615.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,322,231 shares of the company’s stock after acquiring an additional 1,137,416 shares during the quarter. Vanguard Tax-Exempt Bond ETF makes up about 0.9% of Forum Financial Management LP’s portfolio, making the stock its 14th largest position. Forum Financial Management LP owned approximately 0.17% of Vanguard Tax-Exempt Bond ETF worth $66,204,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also bought and sold shares of the company. Lowe Wealth Advisors LLC acquired a new position in shares of Vanguard Tax-Exempt Bond ETF during the third quarter valued at about $29,000. Wolff Wiese Magana LLC increased its position in Vanguard Tax-Exempt Bond ETF by 56.8% in the 2nd quarter. Wolff Wiese Magana LLC now owns 596 shares of the company’s stock valued at $29,000 after buying an additional 216 shares in the last quarter. Sound Income Strategies LLC raised its stake in Vanguard Tax-Exempt Bond ETF by 1,500.0% during the 3rd quarter. Sound Income Strategies LLC now owns 832 shares of the company’s stock worth $42,000 after buying an additional 780 shares during the period. Avalon Trust Co acquired a new position in Vanguard Tax-Exempt Bond ETF during the 2nd quarter worth approximately $49,000. Finally, Hemington Wealth Management bought a new position in Vanguard Tax-Exempt Bond ETF in the third quarter worth approximately $50,000.

Vanguard Tax-Exempt Bond ETF Stock Performance

NYSEARCA VTEB opened at $50.58 on Friday. Vanguard Tax-Exempt Bond ETF has a 52 week low of $47.02 and a 52 week high of $50.68. The business has a 50 day moving average price of $50.33 and a 200-day moving average price of $49.75.

Vanguard Tax-Exempt Bond ETF Company Profile

(Free Report)

The Vanguard Tax-Exempt Bond ETF (VTEB) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks a market-weighted index of investment-grade debt issued by state and local governments and agencies. Interest is exempt from US income tax and from AMT. VTEB was launched on Aug 21, 2015 and is managed by Vanguard.

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